Can I retire at age 50 with 261,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $261,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$21,553$21,361$21,174$20,991$20,813$20,401
2 years$10,670$10,471$10,279$10,092$9,911$9,498
3 years$7,043$6,843$6,651$6,466$6,288$5,886
4 years$5,229$5,030$4,840$4,658$4,484$4,097
5 years$4,142$3,944$3,756$3,578$3,409$3,038
6 years$3,417$3,220$3,036$2,861$2,697$2,342
7 years$2,899$2,705$2,523$2,353$2,194$1,855
8 years$2,511$2,318$2,139$1,973$1,820$1,497
9 years$2,210$2,018$1,843$1,681$1,533$1,226
10 years$1,968$1,779$1,606$1,449$1,306$1,015
11 years$1,771$1,584$1,414$1,261$1,123$847
12 years$1,607$1,422$1,255$1,106$973$712
13 years$1,468$1,285$1,121$977$849$602
14 years$1,349$1,168$1,008$867$744$511
15 years$1,246$1,067$910$773$655$436
16 years$1,156$979$825$692$579$373
17 years$1,077$901$751$622$513$320
18 years$1,007$833$685$561$456$275
19 years$944$772$627$506$407$236
20 years$887$717$576$459$363$204
21 years$836$668$529$416$325$176
22 years$790$624$488$379$291$152
23 years$747$583$451$345$262$132
24 years$708$547$417$314$235$114
25 years$673$513$386$287$212$99
26 years$640$482$358$263$191$86
27 years$610$454$332$240$172$74
28 years$582$428$309$220$155$65
29 years$556$403$288$202$140$56
30 years$531$381$268$185$127$49
31 years$509$360$250$170$114$42
32 years$487$341$233$156$103$37
33 years$467$323$218$144$94$32
34 years$449$306$203$132$85$28
35 years$431$290$190$122$77$24
36 years$415$275$178$112$70$21
37 years$399$261$166$103$63$18
38 years$384$248$156$95$57$16
39 years$370$236$146$88$52$14
40 years$357$225$137$81$47$12
41 years$344$214$128$75$43$11
42 years$332$204$120$69$39$9
43 years$321$194$113$64$35$8
44 years$310$185$106$59$32$7
45 years$300$176$100$54$29$6
46 years$290$168$93$50$26$5
47 years$281$161$88$46$24$5
48 years$272$153$83$43$22$4
49 years$263$146$78$40$20$3
50 years$255$140$73$37$18$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $261,000, adding $5,820 every year, while hoping to spend $20,493 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 63/8/29 Blend
49$261,000$261,000$261,000$261,000
50$293,625$279,792$275,747$309,510
51$301,771$271,698$263,180$312,886
52$310,060$262,520$249,505$313,825
53$318,487$252,183$234,664$314,415
54$327,042$240,610$218,595$314,624
55$335,716$227,716$201,233$314,419
56$344,497$213,412$182,513$313,765
57$353,371$197,605$162,363$312,623
58$362,324$180,196$140,711$310,953
59$371,337$161,081$117,480$308,709
60$380,388$140,150$92,591$305,846
61$389,455$117,284$65,960$302,311
62$398,510$92,362$37,500$298,049
63$407,522$65,252$7,121$293,001
64$416,458$35,817$0$287,103
65$425,276$3,912$0$288,114
66$433,934$0$0$290,992
67$442,382$0$0$296,178
68$450,563$0$0$301,513
69$458,414$0$0$306,608
70$465,866$0$0$311,415
71$472,841$0$0$315,878
72$479,249$0$0$319,937
73$484,994$0$0$323,522
74$489,965$0$0$326,559
75$494,043$0$0$328,961
76$497,090$0$0$330,634
77$498,957$0$0$331,474
78$499,475$0$0$331,364
79$498,460$0$0$330,174
80$495,705$0$0$327,761
81$490,980$0$0$323,964
82$484,032$0$0$318,608
83$474,578$0$0$311,496
84$462,308$0$0$302,410
85$446,874$0$0$291,111
86$427,895$0$0$277,331
87$404,946$0$0$260,777
88$377,558$0$0$241,122
89$345,214$0$0$218,005
90$307,338$0$0$191,027
91$263,296$0$0$159,746
92$212,388$0$0$123,677
93$153,837$0$0$82,278
94$86,787$0$0$34,956
95$10,292$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0